An Incisive, In-depth Analysis on the Mobile Phone Accessories Packaging Market
This study offers a comprehensive, 360 degree analysis on the Mobile Phone Accessories Packaging market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Mobile Phone Accessories Packaging market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Mobile Phone Accessories Market: Overview
The global market for mobile phone accessories was valued at more than US$ 66 Bn in 2016. APEJ and North America market are characterised by a strong demand for mobile phone accessories, wherein consumers are demanding high end and exclusive range of innovative products. Among application types, chargers hold the highest market share in the global mobile phone accessories market followed by protective covers and batteries. The boom in the smartphone industry and a growing trend of online shopping is supporting the rising demand for mobile phone accessories. APEJ is the dominating regional market for mobile phone accessories packaging, accounting for an estimated market share of more than 50% in 2017 and is expected to witness an impressive gain of 600 BPS in 2027 over 2017.
Cost-effective packaging of mobile phone accessories and increasing smartphone adoption are the main factors fuelling the growth of the global mobile phone accessories packaging market
Mobile phone accessories are typically packed in folding cartons and clear view boxes due to their characteristics to facilitate small volumes and customised printing. Thermoformed blisters and clamshells are also in trend due to their attractive and effective packaging. Manufacturers are inclining towards designing and delivering plastic thermoformed products. In the recent years it has been observed that there is a high adoption of smartphones across various regions owing to the proliferation of mid-range and low-range smartphones. Increasing demand for smartphones is positively impacting the demand for accessories as well. Newer and smarter accessories are currently trending the global market this is likely to continue in the coming years. This will directly boost the demand for mobile phone accessories packaging.
Consumers are constantly inclining towards multi-brand stores that offer products from multiple brands at one place. Multi-brand stores make it convenient for consumers as it becomes easy to compare products – appearance, features and pricing – on the spot.Purchasing mobile accessories from organised multi-brand stores is an emerging trend, especially for purchasing power banks and headphones. E-commerce is further enhancing the demand for electronic accessories in the global market. Increase in the market demand for mobile phone accessories is expected to fuel revenue growth of the packaging of mobile phone accessories.
The penetration of e-commerce is rising rapidly. The sales through e-commerce has increased in recent years due to a growing preference for this channel among consumers. Online shopping of products have increased across the globe due to attractive offers provided by e-commerce retailers and the convenience offered by the online platform. Online purchasing of mobile phones and accessories have been increased manifold in the recent past. Some of the mobile phone companies are selling their products through their website or mobile applications. E-commerce has augmented the sales of mobile phones and mobile phone accessories to a significant extent, thereby boosting global market demand for mobile phone accessories packaging.
Blister packs segment is estimated to represent highest incremental growth opportunity over the forecast period
Blister packs segment is anticipated to account for nearly 30% market value share in 2017, and is anticipated to rise further by 190 BPS in 2027. In terms of CAGR, the blister packs segment is expected to be the most attractive packaging type segment during the forecast period.
Future Market Insights has published a new report titled “Mobile Phone Accessories Packaging Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027),” which tracks the performance of the global mobile phone accessories packaging market for a period of 10 years. The primary objective of this report is to offer insights on the advancements in the global mobile phone accessories packaging market. The study demonstrates the market dynamics that are expected to influence the current environment and future status of the global mobile phone accessories packaging market over the study period. The primary objective of this report is to offer updates on trends, drivers, restraints, value forecasts, and opportunities for manufacturers operating in the global mobile phone accessories packaging market.
Report Description
Besides the market definition, taxonomy and dynamics, this report includes value chain analysis comprising raw material suppliers, manufacturers, distributors, wholesalers and sales channels. The report analyses the market share of the mobile phone accessories packaging market based on packaging type, application, material type, and region. It provides a market outlook for 2017–2027 and sets the forecast within the context of the mobile phone accessories packaging ecosystem, including the new technological developments as well as product offerings in the global mobile phone accessories packaging market. This study discusses key regional trends contributing to the development of the mobile phone accessories packaging market globally, as well as analyses the degree to which drivers are influencing the market globally. Key regions assessed in this report include North America, Latin America, Eastern Europe, Western Europe, APEJ, Japan, and MEA.
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. Key categories of providers covered in the report are mobile phone accessories packaging manufacturers and suppliers. Detailed profiles of the providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the mobile phone accessories packaging market. Key players in the global mobile phone accessories packaging market include the suppliers dealing with the packaging material for mobile accessories.
Market Taxonomy
|
By Packaging Type |
By Application |
By Material Type |
By Region |
|
|
|
|
Research Methodology
Systematic research approach has been adopted while studying this market. In-depth secondary research is used to determine top industry players, products, applications, overall market size, and industry connotations, and to identify distributors and manufacturers. The analysts have conducted extensive interviews with industry experts and industry participants for data collection and verification. Data is validated using the triangulation method, wherein the secondary and primary data along with Future Market Insights’ analysis are consolidated to arrive at the final data points. In addition, it is imperative to note that in an ever-fluctuating global economy, we have not only conducted forecasts in terms of CAGR, but have also analysed the market on the basis of key parameters such as year-on-year (Y-o-Y) growth to understand the predictability of the market and to identify the right opportunities. Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global mobile phone accessories packaging market.
COVID -19 : Impact Analysis
Request the coronavirus impact analysis across industries and markets
Request Covid -19 ImpactGet in touch
Our Clients
CASE STUDIES
See how our work makes an impact.
At FMI, we design strategies that are adaptive, impactful, and implementable.